Marine Insurance

JLT's Marine Division are the leading London Market Marine Broker and have one of the largest books of Marine business.

We place over 30 percent of the world's gas tanker fleet and are the largest producers to providers of tanker Certificate of Financial Responsibility (COFR) guarantees. We are the market leader on all matters relating to piracy, and enjoy a reputation for our innovation in developing covers specific to developing technology and classes of vessels. Our liability team has amongst its clients some of the largest and most prestigious port and terminal Operators and shipyards.

Our approach to business is different from other brokers. We invest heavily in developing relationships with our clients which allows us to understand their technical operation, aspirations and culture. The flexibility of our culture and the innovation that we are able to bring to the table enables us to deliver unique products to the shipping industry.

Our Marine operation is divided by the class of risk being handled, although there is a considerable degree of overlap between the groups, and indeed, with our colleagues in the energy team. Broadly speaking, our operating sectors are as follows:

Regardless of the class of risk, our operating approach remains the same.

At JLT, the account executive is also the placing broker. No one knows the account better nor gives underwriters a better presentation of the risk. underwriter confidence translates into premium savings.

We always strive for transparency, and encourage clients and underwriters to develop an understanding and co-operation. Operating in a collegial environment means that senior management are always involved in the handling of bespoke coverage, accurately reflecting the clients individual and specific needs.

 

JLT Contact Details

Martin St Pierre

Divisional Managing Director
JLT Specialty Limited
6 Crutched Friars
London, EC3N 2PH
[T]: 020 7558 3910


Spotlight


Piracy - stress test your insurance policy

To ensure that the appropriate cover and response is in place, JLT have put together a comprehensive stress test process that reviews both your overall state of preparedness and your current insurance arrangements in the event of a piracy incident and for a limited period this stress test is available free of charge. 



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